Renzo Airdrop Season 2: Details on the 500 Million REZ Token Distribution Program

Airdrop Renzo Overview

Renzo Protocol is a native asset restaking platform built on EigenLayer, offering users a Liquid Staking Token called ezETH. The protocol enables participants to earn dual rewards — from both native staking and restaking — while preserving asset liquidity through the ezETH token. Renzo operates within the EigenLayer ecosystem, which extends Ethereum's security layer to additional protocols through a restaking mechanism, making Renzo a key infrastructure component in the emerging restaking narrative. The platform's governance token, REZ, grants holders voting rights over protocol decisions. Following the conclusion of Season 1 on April 29, 2024 — which distributed 7% of the total token supply — Renzo officially unveiled Season 2 of its airdrop program on April 27, 2024, with the goal of further decentralizing token ownership and rewarding active protocol contributors. Season 2 runs from April 27 to July 26, 2024, with rewards scheduled for distribution on July 30, 2024, allocating an additional 5% of total supply (500 million REZ tokens) to eligible participants.

How to join the Renzo airdrop?

Understanding ezPoints

ezPoints are the reward metric used to determine each participant's share of the airdrop pool. Points are earned based on ezETH holdings and activity within the Renzo ecosystem. The base earning rate is 1 ezPoint per ezETH held, per hour.

Step 1 — Restake ETH to Receive ezETH

1. Purchase ETH and store it in a compatible EVM wallet such as MetaMask or Trust Wallet.

2. Visit the official Renzo Protocol app at https://app.renzoprotocol.com and connect your wallet.

3. Navigate to the Restake section, enter the amount of ETH you wish to deposit, and confirm the transaction. The protocol will automatically convert your ETH to ezETH at a 1:1 ratio. From this point, you begin accumulating 1 ezPoint per ezETH held per hour.

Step 2 — Multiply ezPoints via DeFi Protocol Integration

To accelerate point accumulation, Renzo offers a 4x ezPoint multiplier for users who provide liquidity or deposit ezETH on partnered DeFi protocols. Supported platforms include:

• New partners (Season 2): Pendle, Balancer, Aura, Curve, Thruster, Hyperlock, Juice, Kim Exchange, and Nile.
• Retained partners (from Season 1): Uniswap, Morpho, Zerolend, Ionic, Pac, and others.

To activate the multiplier:

1. From within the Renzo app, navigate to the DeFi tab.

2. Select a supported protocol (e.g., Pendle) and connect your wallet on that platform.

3. Deposit, lend, or provide liquidity in ezETH-containing LP pairs on the chosen protocol.

Once completed, your earning rate increases to 4 ezPoints per ezETH per hour for assets deployed through these integrations. A full list of supported protocols and current multipliers is available at https://app.renzoprotocol.com/defi.

Important Considerations

• A funded EVM wallet with ETH is required to participate — this airdrop is not zero-capital.
• When transferring ETH from centralized exchanges, confirm the correct network and wallet address to avoid asset loss.
• Numerous phishing websites impersonating Renzo have been reported. Only access the protocol through the official Renzo Docs at https://docs.renzoprotocol.com. A known fraudulent site has been identified at deposit.renzostaking.org.

Conclusion

Renzo Airdrop Season 2 distributes 500 million REZ tokens over a three-month period from April 27 to July 26, 2024, with allocations determined proportionally by each participant's accumulated ezPoints — earned through restaking ETH into ezETH and engaging with partnered DeFi protocols for multiplier bonuses. For the community, the program rewards users who actively contribute liquidity and restaking activity to the protocol rather than passive holders, with a loyalty mechanism recognizing Season 1 participants who continue their engagement. For the project, Season 2 represents a continued push toward protocol decentralization and deeper integration with the broader DeFi ecosystem, reinforcing Renzo's position within the EigenLayer restaking infrastructure as the sector matures.